I have a Leatherman Wave. Had it about two and a half years now. Works marvelously. I also have an old Gerber. I have had that for at least ten or twelve years. I love it more than the Leatherman. The pliers slide out instead of folding. It is really fun to open.
I would definitely look into a different Leatherman model if you want to stay with Leatherman. Usually they are pretty high quality knives.